Babel EVO

Babel EVO — Advanced Trend-Following Expert Advisor

Sound Video: https://youtu.be/2ywK6IhnBik 

Babel EVO is a sophisticated algorithmic trading solution designed specifically for MT5 Netting accounts. Built upon a foundation of technical analysis, it integrates multiple market indicators to identify high-probability entry points and manage complex positions with precision.

Why Choose Babel EVO?

•   Smart Multi-Indicator System: Babel EVO combines the trend-detecting power of ZigZag and Fibonacci retracement levels with the momentum analysis of Bollinger Bands and Stochastic Oscillators.

• Adaptive Position Management: The EA features a dual-stack architecture to manage positions of different volumes (0.01 lots vs. 0.02+ lots), allowing for precise scaling in volatile markets.

• Manual & Automated Synergy: The on-screen dashboard provides real-time data on active trends, open deals, and performance, empowering you to make informed manual adjustments while the EA handles the execution.

• Dynamic Profit Protection: Automatically manages profit targets in USD/points and utilizes a customizable Trailing Stop to lock in gains as the market moves in your favor.

Real-Time On-Screen Dashboard & Visual Chart Levels

Babel EVO features a comprehensive, built-in visual dashboard directly on your chart, keeping you fully informed of the EA's internal calculations and risk boundaries in real time:

• Position & Stack Monitoring: Real-time tracking of position volume, active stacks, and increment/decrement triggers.

• Trend & Momentum Metrics: Live display of trend strength for both buy and sell sides, alongside multi-timeframe Stochastic states (M5, M15, H1, H4, D1, M1).

• Profit Targets: Clear visual lines for both USD targets (e.g., Target Profit 210.0 USD) and point-based targets.

• Trailing Stop & Breakeven Indicators: Dedicated levels showing when the Trailing Stop activates, when positions shift to Breakeven, and specialized profit conditions (such as opposite trend power closes and non-Fibonacci zone exits).

• Visual Risk Management & Drawdown Control: Visual lines tracking the maximum allowable deposit drawdown in percent (e.g., Drawdown 10.0%), currency thresholds (e.g., Drawdown 800.0 USD), and smart threshold restrictions (such as the 60% drawdown restriction line) which dynamically regulate position scaling.

• Execution Transparency: Clear indicators for spreads, symbol points, and historical closed profit metrics.

Technical Highlights

• Strategy: Trend breakout combined with overbought/oversold filtering.

• Timeframes: Fully functional across all standard periods (M1, M5, M15, H1, H4, D1, W1).

• Account Type: Compatible ONLY with MT5 Netting accounts (not compatible with Hedging accounts or MT4).

• Recommended Environment: Optimized for Cent Accounts (e.g., $1,000 deposit transformed into 100,000 US Cents, such as those offered by RoboForex).

• Operational Note: Always keep the EA active while trading. The MT5 platform removes Stop Loss and Take Profit when pending orders to increase position volume are triggered; Babel EVO continuously monitors and restores these levels to protect your capital.

Input Parameters

Babel EVO offers a wide range of settings to customize your trading experience according to your risk appetite and strategy preferences:

• ModeBuyIsAllowed (true/false) — Enables or disables opening Buy positions.

• ModeSellIsAllowed (true/false) — Enables or disables opening Sell positions.

• Position_Increase_Allowed_I (true/false) — If enabled, allows the EA to increase the current position volume. Can be used as a "stop" mechanism for new entries.

• Position_Decrease_Allowed (true/false) — Allows or prohibits partial position closing (reducing volume using micro-lots from the internal stack).

• Trailing_Stop_Is_Allowed (true/false) — Enables the dynamic Trailing Stop function to lock in profits.

• TargetProfitUSD (double) — The target profit per position in account currency (e.g., USD). When reached, the position is closed.

• Target_in_Points (int) — The target profit per position in points as an alternative exit criterion.

• Deposit_Drawdown_Percent_Max (double) — The maximum allowable drawdown in percent (%). If reached, the position is closed.

• Drawdown_USD_Max (double) — The maximum allowable drawdown in account currency (e.g., USD). If reached, the position is closed.

• Open_Position_Mult (int) — Lot multiplier applied when open the position volume (value of 1 or higher).

• Manual_Trading_Only (Default: false ) — When set to true , the Expert Advisor enables Manual Trading Mode. The EA stops opening automatic trades and building grids, leaving entries entirely to you, while continuing to manage risk and automatically close positions at your predefined target profit or maximum loss levels.

Getting Started & Safety Recommendations

1. Always test on a DEMO account first. Familiarize yourself with the logic and settings before moving to a live environment.

2. Proper Shutdown Procedure: Before shutting down the terminal or the EA, delete all pending orders and make sure that Stop Loss and Take Profit red lines are active on the chart.

Disclaimer

Trading in financial markets involves a high level of risk and may not be suitable for all investors. The high degree of leverage can work both for you and against you. Before deciding to trade, you should carefully consider your investment objectives and experience. The past performance of Babel EVO, along with testing and optimization results, does not guarantee the receipt of similar results in the future. You completely accept the risk of not receiving a calculated profit, as well as the risk of a complete loss of all invested funds.